updated 5/23/2011 9:46:22 AM ET 2011-05-23T13:46:22

WASHINGTON, May 23, 2011 (GLOBE NEWSWIRE) -- FiberZone Networks, the leading provider of Automated Fiber Management (AFM) solutions for datacenters and networks, announced today it has been selected as a Finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year's most promising private technology ventures from the North American business region.

FiberZone Networks Logo




FiberZone's AFM solution automates the last manually-operated element in datacenters and networks – physical fiber connectivity. It facilitates the move to lights-out operation, and the cost-effective scaling of fiber infrastructure for mission-critical cloud networks. FiberZone's AFM has been deployed in some of the major co-location and interconnection Internet hubs in the U.S. and abroad.

"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. FiberZone Networks shows great promise and therefore deserves to be among the Finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring North America. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact."

Finalists for the 2011 edition of the Red Herring 100 North America award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.

"We are honored to stand alongside the other prestigious companies as finalists for the Red Herring Top 100 award," said Yosi Lahad, CEO of FiberZone Networks. "The transformation in operation of mission-critical fiber infrastructure has begun, and we're pleased to be recognized for our accomplishments as a leader in automated fiber management solutions," he added.

FiberZone will present its vision and winning strategy at the Red Herring North America Forum in Hollywood, California, June 13-15, 2011.

About FiberZone Networks

FiberZone Networks delivers remote fiber connectivity solutions to datacenters and networks with its Automatic Fiber Management (AFM) product line, delivering reliability, flexibility, fault tolerance and management to the fiber infrastructure. FiberZone's AFM significantly increases network reliability and availability, reduces operating costs, minimizes network faults and human errors, and prevents revenue losses & SLA (Service Level Agreement) penalties. FiberZone's AFM product line utilizes patent-pending Latched Optical Coupling (LOCTM) technology that delivers reliable passive connectivity in a remotely-managed automated fiber management system. FiberZone's AFM product line has been deployed by leading datacenter and network operators in the U.S., Asia, and Europe.

http://www.fiberzone-networks.com

The FiberZone Networks logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9735

CONTACT: FiberZone Networks
         Sales Contacts
         Asia and Europe
         Avigdor Shlomovits
         +972-74-7332200
         avigdors@fiberzone-networks.com
         The Americas
         Jim Lang
         +1-989-883-9262
         jiml@fiberzone-networks.com

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